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§ Private Profile · 9296 Sumner Lake Blvd Manassas, VA 20110 United States
Virgil Security is a technology company.
Virgil Security delivers cryptographic software and services for application developers, comprising E3Kit for end-to-end communication encryption, PureKit to protect data at rest and passwords, and IoTKit for securing Internet of Things development. These easy-to-deploy, cross-platform libraries protect sensitive data and facilitate regulatory compliance.
Established in 2014 by Michael Wellman, Virgil Security originated from the insight that developers needed simplified, powerful cryptographic solutions. Its "by developers, for developers" philosophy emphasizes ease of integration, enabling efficient incorporation of advanced security without extensive specialized knowledge.
Virgil Security's products serve developers and businesses securing applications across diverse sectors, including healthcare (HIPAA), finance (PCI DSS), and automotive (V2X communication), plus cloud, IoT, and Industry 4.0. The company aims to provide the strongest, simplest methods to secure sensitive data, communications, and intellectual property, enhancing digital privacy.
Virgil Security has raised $4.8M across 2 funding rounds.
Virgil Security has raised $4.8M in total across 2 funding rounds.
Virgil Security is a cybersecurity company founded in 2014 that provides easy-to-use cryptographic tools and cloud-based services, enabling developers to integrate end-to-end encryption (E2EE), passwordless authentication, and data verification into apps, cloud services, and IoT devices with minimal code.[1][2][3][4][5][6] It serves sectors like healthcare, financial services, automotive, cloud storage, and IoT, solving the problem of complex cryptography implementation by offering cross-platform SDKs and APIs that comply with standards such as HIPAA, GDPR, PCI DSS, and IEEE-1609.2, with products like E3Kit, PureKit, WaveKit, and IoTKit.[1][5][6] The company raised $5.66M total, with its last round in 2019, and remains in bridge stage, headquartered in Manassas, Virginia, with past offices in Ukraine.[1][3][5]
Virgil Security was founded in 2014 by Dmitry Dain, who serves as CEO, alongside Michael Wellman as another key leader, starting in Manassas, Virginia.[1][2][3] The idea emerged from recognizing that the world's ~20 million developers faced barriers to implementing strong security—requiring deep RFC knowledge or unreliable methods—despite privacy being a fundamental right.[4][5] Early traction included graduating from the Mach37 Cybersecurity Accelerator, selection as a 2016 TiE50 Top Startup and Red Herring Top 100 North America, and investments from firms like Blu Ventures (2016) and KEC Ventures.[2][5] This positioned Virgil to deliver open-source libraries under BSD-3 license across platforms from embedded sensors to cloud apps.[2][4][5]
Virgil rides the rising demand for privacy-first tech amid GDPR, escalating data breaches, and IoT proliferation, where traditional crypto tools fail developers at scale.[1][4][5] Timing aligns with post-2014 shifts toward E2EE in messaging/cloud (e.g., WhatsApp, Signal) and regulations mandating data sovereignty, amplified by automotive V2X and edge computing growth.[1][6] Market forces like cybersecurity talent shortages and zero-trust architectures favor Virgil's plug-and-play model, reducing breach risks in high-stakes sectors while influencing ecosystems via open-source contributions and accelerators that bootstrap secure IoT/cloud apps.[2][4][5]
Virgil's momentum hinges on expanding its SDK ecosystem amid AI-driven threats and 5G/IoT booms, potentially through partnerships in automotive/finance or acquisitions by larger players like Fortanix or Virtru competitors.[1] Trends like quantum-resistant crypto and decentralized identity will shape its evolution, with infrastructure ready for updates; influence may grow via developer adoption if it scales beyond bridge funding. As a pioneer simplifying security for 20M+ devs, Virgil remains poised to secure the next wave of connected everything.[4][5][6]
Virgil Security has raised $4.8M across 2 funding rounds. Most recently, it raised $4.0M Series A in October 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2016 | $4M Series A | Jeff Citron | Bloomberg Beta, Thomas Wisniewski, Matt Grimm, RAY Rothrock, BLU Ventures, Charge Ventures, NextGen Venture Partners, Sparkland Capital, Working LAB Capital | Announced |
| Nov 1, 2015 | $800K Seed | Inner Loop Capital, NextGen Venture Partners, Panther Angels | Bloomberg Beta, Thomas Wisniewski | Announced |
Virgil Security has raised $4.8M in total across 2 funding rounds.
Virgil Security's investors include Jeff Citron, Bloomberg Beta, Thomas Wisniewski, Matt Grimm, Ray Rothrock, Blu Ventures, Charge Ventures, NextGen Venture Partners, Sparkland Capital, Working Lab Capital, Inner Loop Capital, Panther Angels.